Dr. Rashid Alleem visits NSIC Incubation cum Training Center in New Delhi
Dr Rashid
Alleem handing over souvenir to Dr. H.P. Kumar Chairman cum Managing
Director National Small Industries Corporation (NSIC), New Delhi.
Dr. Rashid Al Leem, Director General, Sharjah Department of Seaports &
Customs and Sharjah Free Zones Authority, UAE, recently visited the NSIC
Training cum Incubation Center in New Delhi.
Dr. Rashid appreciated the efforts of NSIC in creating self-employment
opportunities through Incubation program of NSIC. Applauding the NSIC's
initiatives, Dr. Alleem said, "I congratulate NSIC for creating
self-employment opportunities through Incubation program facilitating the
unemployed youth for setting up their own small enterprises. The training
center, no doubt, is promoting entrepreneurship at a micro-level in small
townships."
Dr. H.P. Kumar, CMD, NSIC briefed Dr. Alleem about the program and other
schemes of NSIC in India for the growth and development of MSME sector. The
NSIC Incubation program is an integrated support by way of providing hands
on training on working projects, it provides necessary facilities for
prospective entrepreneurs and start-up companies to learn product
manufacturing processes coupled with technology development, Business
development under one roof.
"Incubation program of NSIC is an answer to the growing unemployment round
the world especially in developing countries," Dr. Rashid commented.
NSIC has already set up Incubation Centers at various places including
African countries.
As a leading Free Zone in the UAE, HFZA consistently continuing to support
the SMEs & entrepreneurs believes in the importance of SMEs and on its
rapidly gaining credence as one of the key contributors of economic progress
of any nation.
"Hamriyah Free Zone offers best infrastructure facilities and high quality
services to welcome foreign investment in various sectors like
manufacturing, trade and services," said Al Leem.
"Besides the advantage of being in a strategic location to access global
markets, HFZA also offers 100% ownership, tax free environment and 100%
repatriation of capital and profits, amongst various other competitive
incentives."
The fact that 5,700 companies from across 140 countries have collectively
pumped in more than Dhs25bn since its inception in November 1995 is a
fitting testimony to HFZA's success as a dynamic and investor-friendly free
zone, Director General added.